BTC-USDT huge buy order in binance

sure but it's strange to see these orders at a top of a month long pump, don't you think?

everybody sane is getting out of tether. this whole run up is artificial to some degree because of that so 6k break might be a meme. nobody knows. we gotta wait for that ny court shit

the thing is tether didnt lose its peg this time like it did last year. the question is why

6k was/is heavy resistance. after you break resistance you usually can go long.

its either fomo or a whale trying to hold the new support which was previously resistance or simply somebody/insiders getting out of tether. the whole situation right now is a big mess

but why are we stalling above 6k? I thought we'd jump straight to 6500 with all the resistance gone

volume is shit so one can argue we didnt break 6k yet so its bears and bulls fighting. id say we have to break 6.2k to call it a clean and 100% sure breakout. and after that we catapult to 7,5k in a heartbeat. but the sentiment isnt clear right now with the tether situation thats why we are stalling

Do you know the statistical unlikelihood that you buy at the top or the bottom, ever? And clearly, this is neither the top or the bottom.

I think tether is heavily manipulated to keep it's peg. think about it, the biggest holders and movers of tether are exchanges, it's in theri best interest to keep the peg.

this bugs me too, the low volume. It kinda feels like that run up to 11.7k after the first crash to 6k back in february last year. it started good, but then slogged to the top and we know what happened next.

it's statistically more likely that we're at a top now, in fact it's statistically more likely we're at the top now than it was in any previous day

>the top
Jow Forums is so paintfully retarded it hurts. When will you idiots realize this is not the top of the rally but just the start?
>one can argue we didn't actually break 6k yet
LMAO this fucking cope. Be honest am I speaking to a Bernie Sanders voter?

or the the other runup which followed after that where we topped at exactly on 9999$? i have no biz meme bull/bear bias but i think the bear market isnt over. not before we see some solid volume and +6200$.

Tether has lost its peg and had essentially the exact same news stories printed about it since 2016. Your "tether fud" is nothing new. That's why nobody gives a shit. It's the SAME FUCKING NEWS as 3 years ago before you got into crypto. I know because if you'd been in it since then you'd already know this and gotten over it. But no you're clearly a 2017 babbie like the rest of this place.

let the candle close before you call "cope" you brainlet. learn to flow like water and not have a bull/bear bias like the poorfag that you are.

>exact same news
only that this time they seized close to a billion dollars and its backed by air factually now

In 2016, bitfinex was also staring at legal action from the us government, and one of their kike accomplices were also caught. This is nothing new.

Every time the market goes up the majority of posts on this board turn completely bearish and screams about how they "missed it" and as soon as it starts falling all I see are posts saying "seems really likely this is the bottom. I've been doing TA and this is it." It never fails.

look I know the chart looks bullish but you'd know that in crypto nothing is as it seems shit can happen any time, especially these days with the shady binance hack and the whole tether/bitfinex fiasco

it's not the same and I've been through tether fuds before and held tether exclusively for a long time

I will continue to hold as I've done for the past 5 years now. Wake me when Coinbase pulls an exit scam or whatever. Binance is still the "exchange of the month" and Tether has been irrelevant for a while.

>I will continue to hold as I've done for the past 5 years now
cool, so now that you outed yourself as early investor I can disregard everything you say since you're x100 or whatever anyway

>Tether has been irrelevant for a while.
how exactly when it makes up more volume than all real usd and other stable coins combined? tether was irrelevant in 2016

I mean... most "whales" you're thinking of are also early investors, and I wouldn't consider late 2014 to be that early either. I don't control the market or anything, but I'm sure there are people who have held as long as I have that do. But ok.

I'm not going to pretend to be an expert about what's currently going on in this market but I would think that veterans in this space are savvy about other, more trustworthy stable coins now. So are exchanges. New people to this space have no reason to choose Tether over other coins.

>New people to this space have no reason to choose Tether over other coins.
they do, because there's more liquidity in tether. I could have never used any other stable coin other than tether unless I wanted to lose 10% due to thin order books

ITS REAL

Its unironically different this time.

Tether pairs have more volume than usd

>Tether has been irrelevant for a while

Yikes